March 27, 2023

The Arrest of a Crypto Fugitive

by The Journal

After his TerraUSD cryptocurrency imploded, Do Kwon became one of the most wanted men in crypto. Last week, after a global manhunt, he was arrested at an airport in Montenegro. WSJ’s Alexander Osipovich tells the story of how Kwon went from being a major crypto player to facing fraud charges in several countries.

Further Reading:

- Do Kwon Arrested in Montenegro as U.S. Charges Crypto Fugitive With Fraud 

- Cutting-Edge Crypto Coins Tout Stability. Critics Call Them Dangerous. 

- Do Kwon’s Crypto Empire Fell in a $40 Billion Crash. He’s Got a New Coin For You. 

Further Listening:

- The ‘Death Spiral’ of a Stablecoin 

Where to Listen